Optimind Pharma (XCNQ:OMND) Gross-Profit-to-Asset % : 12.69% (As of Nov. 2023)

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What is Optimind Pharma Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Optimind Pharma's annualized Gross Profit for the quarter that ended in Nov. 2023 was C$0.11 Mil. Optimind Pharma's average Total Assets over the quarter that ended in Nov. 2023 was C$0.85 Mil. Therefore, Optimind Pharma's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2023 was 12.69%.

Optimind Pharma Gross-Profit-to-Asset % Historical Data

The historical data trend for Optimind Pharma's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Optimind Pharma Gross-Profit-to-Asset % Chart

Optimind Pharma Annual Data

Trend

Feb22

Feb23

Gross-Profit-to-Asset %

6.58

Optimind Pharma Quarterly Data
	Jun21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			6.42	6.13	13.29	10.71	12.69

Competitive Comparison of Optimind Pharma's Gross-Profit-to-Asset %

For the Drug Manufacturers - Specialty & Generic subindustry, Optimind Pharma's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Optimind Pharma's Gross-Profit-to-Asset % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Optimind Pharma's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Optimind Pharma's Gross-Profit-to-Asset % falls into.

Optimind Pharma Gross-Profit-to-Asset % Calculation

Optimind Pharma's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Feb. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Feb. 2023 )	/	( (Total Assets (A: Feb. 2022 )	+	Total Assets (A: Feb. 2023 ))	/ count )
	=	0.17	/	( (3.816	+	1.354)	/ 2 )
	=	0.17	/	2.585
	=	6.58 %

Optimind Pharma's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	0.108	/	( (0.902	+	0.8)	/ 2 )
	=	0.108	/	0.851
	=	12.69 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Nov. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Optimind Pharma Gross-Profit-to-Asset % Related Terms

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Optimind Pharma (XCNQ:OMND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Optimind Pharma Corp (XCNQ:OMND) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3000 - 77 King Street West, TD Centre, North Tower, PO Box 95, Toronto, ON, CAN, M5K 1G8

Website

https://www.optimindpharma.com

Optimind Pharma Corp is an emerging provider of psychedelic therapies for the masses. It helps people suffering from PTSD, Anxiety, Depression, and other mental illnesses and disabilities by providing ketamine-assisted-treatment and other psychedelic-enhanced-psychotherapy modalities.

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